Showing posts with label savings more than $100. Show all posts
Lifehacksg#25 - $1 fitness classes
[savings type - $$; >$200 over 8 weeks ]
New year, new resolutions! Our first lifehack of the year focuses on one of the most popular new year resolutions - staying healthy! We hope that this is on your list, because today's lifehack is going to blow your mind about how you can attempt to lose weight for $1 per fitness class, and potentially get a positive financial return at the end of the program.
Did we say they will pay you to lose weight? Yes!
Fit to Win is Singapore's first social weight loss challenge where participants are incentivized to lose weight via a financial reward system. Here's how it works:
1. Players begin by placing a bet of $20 into a general money pot.
2. Everyone who loses 5% or more of their starting weight over the course of eight weeks gets to split the pot equally.
3. The top three players who loses the highest percentage of their starting weight will be further rewarded with prizes worth up to $3000.
In case you're wondering where the $1 fitness class is sitting in all this, read on.
Besides creating an innovative concept of providing a platform for like-minded Singaporeans to lose weight together, the challenge also provides an 8-week fitness program for every participant who signs up. What this means is that upon registration, you will gain free access to a list of fitness classes including Zumba, Kickboxing, Pilates, Capoeira etc. conducted by the associated fitness partners. Well, how do the numbers look?
$20 bet + $5 registration fee = $25
3 free fitness class credits per week x 8 weeks = 24 credits
Effective cost = ~$1/fitness class
Assuming an average fitness class out there sets you back ~$10/session, you're looking at more than $200 of savings over an 8 week period.
Now we know that the program is enticing because you have the potential to win some money from the pot; but think about it, even if you miss the 5% mark, you're effectively signing up for a 2 month fitness program at a dollar per class.
Lifehacked.
So, happy 2014 to you all from Lifehacksg! Stay fit, healthy and win some money!
p.s. share some winnings with us will you?
Did we say they will pay you to lose weight? Yes!
Fit to Win is Singapore's first social weight loss challenge where participants are incentivized to lose weight via a financial reward system. Here's how it works:
1. Players begin by placing a bet of $20 into a general money pot.
2. Everyone who loses 5% or more of their starting weight over the course of eight weeks gets to split the pot equally.
3. The top three players who loses the highest percentage of their starting weight will be further rewarded with prizes worth up to $3000.
In case you're wondering where the $1 fitness class is sitting in all this, read on.
Besides creating an innovative concept of providing a platform for like-minded Singaporeans to lose weight together, the challenge also provides an 8-week fitness program for every participant who signs up. What this means is that upon registration, you will gain free access to a list of fitness classes including Zumba, Kickboxing, Pilates, Capoeira etc. conducted by the associated fitness partners. Well, how do the numbers look?
$20 bet + $5 registration fee = $25
3 free fitness class credits per week x 8 weeks = 24 credits
Effective cost = ~$1/fitness class
Assuming an average fitness class out there sets you back ~$10/session, you're looking at more than $200 of savings over an 8 week period.
Now we know that the program is enticing because you have the potential to win some money from the pot; but think about it, even if you miss the 5% mark, you're effectively signing up for a 2 month fitness program at a dollar per class.
Lifehacked.
So, happy 2014 to you all from Lifehacksg! Stay fit, healthy and win some money!
p.s. share some winnings with us will you?
Lifehacksg#22 - $100 roundtrip ticket on Tigerair
[savings type - $$; one-off at >$200]
At Lifehacksg, we’re big fans of Standard Chartered Bank (No unfortunately this is not a sponsored advertisement, guys). When we first heard of this new deal, we couldn't hide our excitement. They have reached a new height of dominating the credit card market share with this clever maneuver, dangling the most sought-after carrot to an island of consumers who take their globetrotting rights very seriously.
Jumping on the bandwagon of attractive packages by low-cost carriers, Standard Chartered is one of the first banks to launch a co-branded card with a budget airline. The Tigerair Platinum Credit Card basically rewards you with flights upon usage. In the Upfront Rewards plan, you will be awarded a one-way ticket upfront upon card approval, and you have the next 12 months to accumulate $5000 spend on the card to fulfill the expenditure requirement. If you fail to fulfill the spend requirement or terminate the plan before fulfilling the spend requirement, Standard Chartered will charge you a $100 penalty.
As part of the introductory offer, you get an additional one-way ticket if you sign up for the card before 31 January 2014. This means that with the Upfront Rewards plan, you will receive two e-vouchers to redeem one return flight. Here's the lifehack - sign up for the card, redeem your return flight, and immediately terminate the plan. You will have to pay the $100 penalty, but that basically covers the cost of your return ticket.
Each e-voucher is valid for 12 months from the date of issue and can be used to make any flight reservation for a one-way Tigerair journey, inclusive of taxes and charges, departing from Singapore to any one of the following 11 destinations – Bangkok, Hat Yai, Ho Chi Minh, Jakarta, Krabi, Kuala Lumpur, Medan, Pekanbaru, Penang, Phuket and Surabaya.
While a location like Kuala Lumpur may not seem worth the $100, think about Bangkok, where it may cost you north of $300 for a return ticket during non-sale periods. Save that $200 and take it on a 5000 Thai Baht shopping spree in Chatuchak weekend market. We think it's worth it. What about you?
At Lifehacksg, we’re big fans of Standard Chartered Bank (No unfortunately this is not a sponsored advertisement, guys). When we first heard of this new deal, we couldn't hide our excitement. They have reached a new height of dominating the credit card market share with this clever maneuver, dangling the most sought-after carrot to an island of consumers who take their globetrotting rights very seriously.
Jumping on the bandwagon of attractive packages by low-cost carriers, Standard Chartered is one of the first banks to launch a co-branded card with a budget airline. The Tigerair Platinum Credit Card basically rewards you with flights upon usage. In the Upfront Rewards plan, you will be awarded a one-way ticket upfront upon card approval, and you have the next 12 months to accumulate $5000 spend on the card to fulfill the expenditure requirement. If you fail to fulfill the spend requirement or terminate the plan before fulfilling the spend requirement, Standard Chartered will charge you a $100 penalty.
As part of the introductory offer, you get an additional one-way ticket if you sign up for the card before 31 January 2014. This means that with the Upfront Rewards plan, you will receive two e-vouchers to redeem one return flight. Here's the lifehack - sign up for the card, redeem your return flight, and immediately terminate the plan. You will have to pay the $100 penalty, but that basically covers the cost of your return ticket.
Each e-voucher is valid for 12 months from the date of issue and can be used to make any flight reservation for a one-way Tigerair journey, inclusive of taxes and charges, departing from Singapore to any one of the following 11 destinations – Bangkok, Hat Yai, Ho Chi Minh, Jakarta, Krabi, Kuala Lumpur, Medan, Pekanbaru, Penang, Phuket and Surabaya.
While a location like Kuala Lumpur may not seem worth the $100, think about Bangkok, where it may cost you north of $300 for a return ticket during non-sale periods. Save that $200 and take it on a 5000 Thai Baht shopping spree in Chatuchak weekend market. We think it's worth it. What about you?
Lifehacksg#15 - $6 Grooming
[savings type-$$; Annual - $120]
I am going to be conservative here and assume that an average haircut will set you back around $16. I know there are folks out there who opt for haircuts in the $30-60 range, but whatever, if you're reading this blog anyway I don't suppose you belong to that category. I may be mistaken.
Today's lifehack presents a little secret tucked in the corner of Funan IT Mall - Kimage Academy Hairdressing School. At the Academy, students pay to go through a professional course certifying them as qualified hairstylists. To earn credits towards graduation, they need to undergo practical training sessions and this is where you come in - to become their models.
Now before you freak out, we're not talking about new students figuring out how to use a pair of scissors; the Academy is actually filled with advanced students and qualified stylists who go back for refresher or additional courses. For the past few times that lifehacksg visited, the stylists had more than 6 months experience at the Academy.
More importantly, instructors on scene always ensure that students give a good haircut to the customers. The instructor to student ratio hovers around 1:4, and they are constantly reviewing and teaching their students the best techniques to approach the haircut. After the student completes the haircut, the instructor will also ensure that the haircut is up to standard by personally making alternations if he/she deems necessary.
At the end of the day, a salon-style cut plus wash at a convenient location downtown at Kimage Academy will set you back a good $6. Yes. Six dollars. This applies for both males and females alike. In fact, for females looking to get additional services like hair treatment, hair coloring etc. done, prices there are really cheap because you'll only be charged for the cost of the treatment/color product.
Assuming a regular male haircut at $16 once per month, we're looking at potential savings ($10 x 12) of more than $100 over a year via this lifehack! I didn't attempt to make estimates for females because, well, some females cut their hair just 1-2 times a year? One thing to note: walk-ins are welcome but it will be best to call ahead to book and reserve a spot.
p.s. possible downsides include an extended haircut time which could take up to 90minutes for males and 120mins for females.
I am going to be conservative here and assume that an average haircut will set you back around $16. I know there are folks out there who opt for haircuts in the $30-60 range, but whatever, if you're reading this blog anyway I don't suppose you belong to that category. I may be mistaken.
Today's lifehack presents a little secret tucked in the corner of Funan IT Mall - Kimage Academy Hairdressing School. At the Academy, students pay to go through a professional course certifying them as qualified hairstylists. To earn credits towards graduation, they need to undergo practical training sessions and this is where you come in - to become their models.
Now before you freak out, we're not talking about new students figuring out how to use a pair of scissors; the Academy is actually filled with advanced students and qualified stylists who go back for refresher or additional courses. For the past few times that lifehacksg visited, the stylists had more than 6 months experience at the Academy.
More importantly, instructors on scene always ensure that students give a good haircut to the customers. The instructor to student ratio hovers around 1:4, and they are constantly reviewing and teaching their students the best techniques to approach the haircut. After the student completes the haircut, the instructor will also ensure that the haircut is up to standard by personally making alternations if he/she deems necessary.
At the end of the day, a salon-style cut plus wash at a convenient location downtown at Kimage Academy will set you back a good $6. Yes. Six dollars. This applies for both males and females alike. In fact, for females looking to get additional services like hair treatment, hair coloring etc. done, prices there are really cheap because you'll only be charged for the cost of the treatment/color product.
Assuming a regular male haircut at $16 once per month, we're looking at potential savings ($10 x 12) of more than $100 over a year via this lifehack! I didn't attempt to make estimates for females because, well, some females cut their hair just 1-2 times a year? One thing to note: walk-ins are welcome but it will be best to call ahead to book and reserve a spot.
p.s. possible downsides include an extended haircut time which could take up to 90minutes for males and 120mins for females.
